Company Details

Sichuan Jinhe Qihang Co,. Ltd. [Sichuan,China] Business Type:Distributor/Wholesaler , Manufacturer Main Markets: Africa , East Europe , Europe , North Europe , West Europe , Worldwide Exporter:51% - 60% Certs:ISO10012, CE

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News about Sodium Tripolyphosphate

2023-07-04

Global "Sodium Tripolyphosphate Market" report is an |in-Depth Analysis Share of 2023| of the most significant developments in the market, information, and statistics are provided in the market research report. Global Sodium Tripolyphosphate Market Research Report 2023 is spread across 95 Pages Report and provides Size, Share, Growth, and Forecast with exclusive vital statistics, data, information, trends, and competitive landscape details in this niche sector. Businesses may make decisions that support their financial goals and objectives by analyzing the industry's financial performance. Sodium Tripolyphosphate Market Industry research report evaluates different aspects of the industry by understanding the latest trends, market demands, and consumer behavior, businesses can make informed decisions that drive growth and profitability.
Sodium Tripolyphosphate is white crystalline powder and has better mobility. It is easily dissolving in water and the solution is alkaline. It has strong chelating ability with metal ions such as Calcium ion, magnesium ion and iron ion. Owning to the special ability, Sodium Tripolyphosphate becomes an important ideal raw material for laundry.
The global Sodium Tripolyphosphate market was valued at USD 2564 million in 2022 and is anticipated to reach USD 3671.5 million by 2030, witnessing a CAGR of 5.2 Percent during the forecast period 2023-2030. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Sodium Tripolyphosphate key players include Yuntianhua Group, Wengfu Group, Tianyuan Group, Hubei Xingfa Chemical Group, Chengxing Group, etc. Global top five manufacturers hold a share over 25 Percent.
China is the largest market, with a share over 45 Percent, followed by America and Europe, both have a share over 10 Percent.
In terms of application, the largest application is Detergent Builder, followed by Food Additives, etc.

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